India to Spend $200 Million on Forest Conservation & Preservation - All For Carbon Storage

India may still maintain it will not accept binding emissions targets, but it's sure stepping up on solar power, and now on carbon storage through forest preservation. Reuters reports that India's environment minister Jairam Ramesh has said that the nation will spend $200 million to protect forests and monitor the amount of carbon they capture:The money would go into conserving and restoring vegetation, controlling forest fires and strengthening forestry infrastructure. Currently about 20% (65 million hectares) on India is covered by forest, an amount Ramesh indicated would be extended by six million hectares by 2015.

Let's Hope It's Effective...I don't want to be pessimistic, but if this new forest preservation is undertaken with the same speed as long-standing but largely ineffective programs to clean up pollution in the Ganges, I wouldn't count on an additional six million hectares of forest being created. India, please prove me wrong on this.

India to Spend $200 Million on Forest Conservation & Preservation - All For Carbon Storage

India may still maintain it will not accept binding emissions targets, but it's sure stepping up on solar power, and now on carbon storage through forest preservation. Reuters reports that India's environment minister